Probably because return data doesn’t support it Tragicallyhttps://twitter.com/webdevMason/status/1039311534525042689 …
If you believe you can beat the market and then you don't, your returns are telling you *something,* and it's up to you to interpet that in a way that doesn't leave you shirtless
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I believe so much in the dynamic you described that there’s a good chance I start a company soon to address it. That said, given today’s funding reality you have to believe LPs of VC firms are either really, really dumb, or heartless capitalists. I believe the latter.
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An LP who's getting enviable returns is probably not really, really dumb. Probably pretty capitalist, probably not particularly heartless or sentimental. I think you may have misread my claim, or stuffed it with a little more sugar than the [very simple] recipe called for
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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